Bitcoin was attempting to hold $8,000 as support on Thursday after it slipped briefly below the said level yesterday. The benchmark cryptocurrency surged by 0.83 percent, or $66.14, to trade at $8,059.68. The move uphill came after a depressive price action on Wednesday that took the bitcoin price below the $8,000 support level. At its…
Bitcoin price is back in a downtrend with a close below the $8,000 support against the US Dollar. The price is trading below the $8,000 support and remains at a risk of more losses below $7,800. Yesterday’s highlighted major declining channel was breached with support near $8,100 on the hourly chart of the BTC/USD pair…
The total crypto market cap is declining and it could soon test the $200.0B support area. Bitcoin price is down 3% and it broke the main $8,000 support area. Binance coin (BNB) price broke the key $18.00 support and it might revisit $17.20. Litecoin (LTC) price is down around 5% and it is approaching the…
Bitcoin price failed to rebound above $8,300 and extended its decline against the US Dollar. The price is trading below the $8,200 level and recently it declined towards the $8,050 level. There is a key declining channel forming with resistance near $8,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap struggled to surpass $220.0B and declined recently below $215.0B. Bitcoin price is also under pressure and it recently traded below the $8,200 support area. EOS price is down around 5% and it broke the key $3.000 support area. BCH price retested the key $215 support area and it is currently…
Ethereum price struggled to climb above the $185 resistance and declined recently against the US Dollar. Bitcoin price is also facing selling interest and it is now trading below the $8,200 support area. There is a new connecting bearish trend line forming with resistance near $181 on the hourly chart of ETH/USD (data feed via…
Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar. The price is moving towards $0.3000 and it could rally sharply above $0.3020. There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could dip…
Ethereum price climbed above the key $185 resistance area against the US Dollar. Bitcoin price is still struggling to recover and is facing a strong resistance near $8,400. There was a break above a major bearish trend line with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is…
The total crypto market cap is showing positive signs above the $210.0B support area. Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term. Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area. Bitcoin cash price is slowly rising towards the $235 resistance area.…